Thursday, May 15, 2008

Will Media Question False Economic Statistics?

For months, we've been warning readers of the likelihood that media will adopt the 1992 Clinton playbook of regularly depicting the economy as being far worse than it really is. On Sunday, the Democratic National Committee released a new television advertisement ... [snip]

"Household Income Down $1000"

Where did the DNC get that figure from? The ad doesn't say.

Maybe more important, the statistics DON'T come CLOSE to supporting this claim. Let's look first at the most recent Census Bureau data.

According to an August 28, 2007, press release, "Real median household income in the United States climbed between 2005 and 2006, reaching $48,200." In 2000, this number was $42,148. That's a six-year increase of $6,052.

The same question can be asked of this offering:

"1.8 Million Jobs Lost"

Really? Based on what? According to the Labor Department, there are currently 137.846 million non-farm employees in the nation. In December 2000, this figure was 132.485 million (both figures seasonally adjusted). This represents a greater than 5.3 million increase. [snip]

With this in mind, will press outlets this campaign season investigate the economic claims being made by the candidates and their supporters, or allow inaccuracies present in this ad (embedded video [at source]), and likely others in the months to come, to go completely unchallenged?

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